Third Party Administration of Insurance and Pension Funds in Iowa
Revenue benchmarks for third party administration of insurance and pension funds businesses operating in Iowa.
#32 of 50 states-54.8% vs national avg
Average Revenue
$18.4M
per year
Businesses
46
in Iowa
Revenue / Employee
$227K
per year
Labor Cost
30.0%
of revenue
Profit Margin
15.0%
industry average
Market Saturation
1.4
firms per 100K in IA
Total Revenue
$844.6M
all firms in IA
Total Employees
3,721
in IA
How Iowa Compares
National Average$40.7M
Iowa$18.4M
Difference$22.3M (-54.8%)